HONG KONG: Energy firms led a sell-off in Hong Kong and Shanghai Monday, tracking sharp losses in oil prices after the collapse of talks between major crude producers aimed at limiting output.
Hong Kong’s Hang Seng Index lost 0.73 percent, or 154.97 points, to close at 21,161.50.
The benchmark Shanghai Composite Index gave up 1.44 percent, or 44.46 points, to end at 3,033.66. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 1.32 percent, or 26.17 points, to 1,952.41.
Copyright AFP (Agence France-Presse), 2016
Courtesy : BRecorder